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Income Tax Appellate Tribunal, KOLKATA BENCH “SMC” KOLKATA
Pneumatic Tools Income Tax Officer, बनाम / Enterprise, 83/1 Ward-44(4), 3, Govt. V/s. MadanMohan Burman Place (West), Kolkata- Street, Kolkata-700007 001 [PAN No.AADFP 9608 C] .. अपीलाथ� /Appellant ��यथ� /Respondent Hearing through video Conferencing Shri Manisha Patwari, ACA अपीलाथ� क� ओर से/By Appellant Shri Jayanta Khanra, JCIT, SR-DR ��यथ� क� ओर से/By Respondent 28-01-2021 सुनवाई क� तार�ख/Date of Hearing 17-03-2021 घोषणा क� तार�ख/Date of Pronouncement आदेश /O R D E R The present appeal has been preferred by the assessee against the order dated 28.08.2019 of the Commissioner of Income-tax (Appeals)-13, Kolkata [hereinafter referred to as ‘CIT(A)’].
The sole issue involved in this appeal is regarding the disallowance on expenditure of purchase of goods. The same being treated as bogus transactions by the Assessing Officer.
At the outset, the Ld. AR of the assessee has submitted that similar disallowance was made in the case of the assessee by the Assessing Officer in the assessment carried out for the assessment year 2011-12. The matter travelled to the Tribunal and the Tribunal in the identical circumstances vide order dated 13.07.20 passed in has held that the disallowance of entire purchases